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Benefits of owning Home Content Insurance

06 August, 2015

When you purchase a house, it is nothing beyond a physical structure comprising walls, roof, windows, and doors. It is the people and their possessions that make your house, home. We embellish our houses with the choicest of items and purchase accessories to enhance the luxury and comfort level.

Accessories and appliances render your house that homely feel. All the memories that go into sourcing these collectibles, these items are as precious as your home itself. However, incidents such as theft, burglary, or natural calamities can damage or destroy these items. To avoid the financial impact of such losses, it is recommended that you buy a home content insurance policy.
Home content insurance policy will help in covering all the damages or losses of individual’s or family’s possessions that were located in their home. This policy will offer protection to these valuables against perils such as theft, burglary, larceny, fire accidents, electrical and mechanical breakdown, and damages due to natural disasters like earthquake shock and lightning.
There are several benefits of owning such policy apart from the vanilla home insurance plan. Some of the key benefits are listed below.
Cover for all household articles:
Household articles such as clothing, linen, furniture and fixture, curtains, utensils, crockery and carpets will be covered by this policy. Similarly, household appliances such as television, refrigerator, washing machine, microwave oven, and music systems including VCR/VCP, VCD/DVD player will be extended protection.
Cover for Electronic appliances:
Valuable personal electronic appliances such as computers, laptops, and air conditioners will be extended cover. This plan will offer financial security to prevent the impact of damage caused to these items.
Cover for Jewellery:
Valuable items such as jewellery carry a risk of theft or burglary. In the event of jewellery loss due to such unfortunate incidents, the insurance company will indemnify and reimburse the same. Cover is not limited to theft or larceny of jewellery from home, but it also applicable while being worn by the insured within the premises of home.
No documentation:
This policy is available without any significant paperwork. There is no need to present extensive proofs and documents to avail this policy. You can purchase it online or through any distribution channel.
Affordable Premium:
The premium charged by insurance companies for such policy is lower than the standard home insurance plan, thus making it affordable for home owners.